February 11th News
On February 11th, Shandong Jinling reduced the ex-factory price of dichloromethane bulk water by 70 yuan/ton. Currently, the ex-factory cash payment price at the Dawang plant is 1,630 yuan/ton, and at the Dongying plant, it is also 1,630 yuan/ton.
Chempricehub Analysis of Dichloromethane, Bull-Bear Score: -1
Shandong Jinling lowered the ex-factory price of dichloromethane by 70 yuan/ton to 1,630 yuan/ton ex-factory cash payment, indicating a weakening price trend on the supply side. This reflects potential market pressures from oversupply or weak demand, contributing to a downward trend in spot prices. The direct reduction in ex-factory price, with a moderate decline of approximately 4.3%, is considered a general bearish signal. It is expected that spot prices will face short-term pressure.